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Author Topic: GAWMiner Hashlet Discussion Thread  (Read 29262 times)
notlist3d
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August 23, 2014, 05:29:47 AM
 #21

Right now the Zenpool is paying out 0.00065BTC/Mh which is twice as high as a payout per MH as other multipools such as clevermining.com. If you only buy 1 MH then your going to have to wait a few days to withdrawal because the network fee that they force you to pay is 0.0002BTC, which is essentially 30% of a single mining day.

If you're going to buy some hashlet power you should check out some of the discounts that I listed in this thread to at least save yourself some money.

Also since we don't know the long term outcome of being able to supposedly mine scrypt coins faster than any other multipool out there, I'd suggest not investing too heavily in these miners. However, with that being said the 1MH/s miner currently would only take 46 days to have an ROI of >100% so maybe start small and as they pay themselves off, re-invest the earnings to make more BTC per day and build it up from there.

I wish they were more open on the payout.  I like their numbers alot per mh on pay, but I just don't see what they are doing to get this.  

The biggest thing I don't like compared to other miners is that you really don't have physical hardware you can convert to.   I would like it a lot better if I could buy a hashlet and at end it is my hardware since this is a long term deal.   But guess we will see in a few months or so.  I might be kicking myself if everyone get's great ROI on this.  As of right now I'm still watching the next gen ASICs to  see what happens(and it seems to be slow).  
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August 23, 2014, 05:42:04 AM
 #22

Even my 1Mh hashlet is projected to pay 0.00063214BTC daily. The maint cost (for me) is $0.08 (not btc, USD), which is ok for me.

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August 23, 2014, 06:12:05 AM
 #23

I've just bought 5 1MH hashlets and saved me $0.04... However all my hashlet's predicted daily payout has lowered to 0.00047BTC? What happened?
So now my daily payout should be 0.00235BTC. So 65 days should break even.

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August 23, 2014, 08:03:52 AM
 #24

I've just bought 5 1MH hashlets and saved me $0.04... However all my hashlet's predicted daily payout has lowered to 0.00047BTC? What happened?
So now my daily payout should be 0.00235BTC. So 65 days should break even.


We can expect some sort of decline in profitability over the next 2 months so expect the break even point to be longer than 65 days. Honestly I'd be happy with 90-120.
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August 23, 2014, 12:43:00 PM
 #25

I've just bought 5 1MH hashlets and saved me $0.04... However all my hashlet's predicted daily payout has lowered to 0.00047BTC? What happened?
So now my daily payout should be 0.00235BTC. So 65 days should break even.


Fractional mining depending on when the Hashlets were activated. You don't pay maint fee for the first day.

They usually pay out around midnight EST. So if you activate after the payouts happened, the anticipated payout will be lower.
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August 23, 2014, 01:37:12 PM
 #26

Anyone broke even with hashlets?

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WALLET




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tom99
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August 23, 2014, 01:53:26 PM
 #27

Anyone broke even with hashlets?

   I dont think too soon.
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August 23, 2014, 05:45:24 PM
 #28

Anyone broke even with hashlets?
I paid for most of mine with store coupons/credit. Should break even on Hashlets within the next week.
tom99
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August 23, 2014, 05:56:16 PM
 #29

Anyone broke even with hashlets?
I paid for most of mine with store coupons/credit. Should break even on Hashlets within the next week.

  If you don't might how much do you have and when did you start it?
tom99
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August 23, 2014, 06:27:18 PM
 #30

damn thing made me confuse and how do u make them all in one like I got 10 x 1 Mhz into 10 Mhz.
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August 23, 2014, 06:45:19 PM
 #31

   I think I was fkup something I bought 65x1Mhz and they sent me 65 x 1 Mhz that fk.
cxboyminer (OP)
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August 23, 2014, 06:46:21 PM
 #32

damn thing made me confuse and how do u make them all in one like I got 10 x 1 Mhz into 10 Mhz.


Buying, for example, 5 lots of 1Mh are cheaper than 1 lot of 5Mh... And I dont think you can gather your Mh into 1 lot?

.Minter.                       ▄▄▄▄▄▄▄▄▄
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WALLET




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August 23, 2014, 06:51:12 PM
Last edit: August 23, 2014, 07:10:47 PM by tom99
 #33

damn thing made me confuse and how do u make them all in one like I got 10 x 1 Mhz into 10 Mhz.


Buying, for example, 5 lots of 1Mh are cheaper than 1 lot of 5Mh... And I dont think you can gather your Mh into 1 lot?

  There are some like 1,5,10,15,50 and .. but no idea what happen on this site but non zencloud home selling it.


65 x 1 Mhz alot of of work.


ps: no idea why I didnt get 50 + 15 Mhz for it.

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August 23, 2014, 06:54:19 PM
 #34

Damn nlw I want to sell my hashlet a to fund for a s3... Is it refundable?

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WALLET




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tom99
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August 23, 2014, 06:56:38 PM
 #35

Damn nlw I want to sell my hashlet a to fund for a s3... Is it refundable?

  Why do you want to sell your hashlet?
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August 23, 2014, 07:14:06 PM
Last edit: August 23, 2014, 08:28:34 PM by tom99
 #36

no way web got error of 504 Gateway Time-out and can someone test it right now.

ps: I had to relogin again for it to worked.   anyone know how do I add my BTC address to the pool for payout.
ty
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August 23, 2014, 08:30:23 PM
 #37

damn thing made me confuse and how do u make them all in one like I got 10 x 1 Mhz into 10 Mhz.


Buying, for example, 5 lots of 1Mh are cheaper than 1 lot of 5Mh... And I dont think you can gather your Mh into 1 lot?

  yes, you were right but I had to do alot of work for it and I gone in wrong section I was buying 1 Mhz each time that big mistake.
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August 23, 2014, 09:15:08 PM
 #38

Right now the Zenpool is paying out 0.00065BTC/Mh which is twice as high as a payout per MH as other multipools such as clevermining.com. If you only buy 1 MH then your going to have to wait a few days to withdrawal because the network fee that they force you to pay is 0.0002BTC, which is essentially 30% of a single mining day.

If you're going to buy some hashlet power you should check out some of the discounts that I listed in this thread to at least save yourself some money.

Also since we don't know the long term outcome of being able to supposedly mine scrypt coins faster than any other multipool out there, I'd suggest not investing too heavily in these miners. However, with that being said the 1MH/s miner currently would only take 46 days to have an ROI of >100% so maybe start small and as they pay themselves off, re-invest the earnings to make more BTC per day and build it up from there.

I wish they were more open on the payout.  I like their numbers alot per mh on pay, but I just don't see what they are doing to get this.  

The biggest thing I don't like compared to other miners is that you really don't have physical hardware you can convert to.   I would like it a lot better if I could buy a hashlet and at end it is my hardware since this is a long term deal.   But guess we will see in a few months or so.  I might be kicking myself if everyone get's great ROI on this.  As of right now I'm still watching the next gen ASICs to  see what happens(and it seems to be slow).  

I'm guessing GAW got ahold of next gen hardware. Which is why they are being so secretive about what exactly is behind the Hashlet. If this is the case then they might introduce a exchange program later on after this new hardware is introduced to the public.
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August 24, 2014, 02:01:59 AM
 #39

I'm a bit short of money for an s3, so either I have some translation jobs to do now, or I sell the hashlets to fill the difference.

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WALLET




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tom99
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August 24, 2014, 02:35:57 AM
 #40

I'm a bit short of money for an s3, so either I have some translation jobs to do now, or I sell the hashlets to fill the difference.

   you better keep it and I read somewhere Gawminer will stop selling Hashlet in few days.
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